Drift Protocol: Funding, Investors & Team (Sep 2026)
Drift Protocol introduces on-chain perpetual futures that are cross-margined on Solana, making futures DEXs the most effective way to engage in trading.
Drift Protocol has raised $125M across 2 funding rounds on record, the most recent an undisclosed round of $100M announced in Apr 2026.
That round is above the $6.5M median round size for Blockchain and Cryptocurrency companies tracked on FundedIQ over the last two years.
Drift Protocol Company Profile and Key Stats
Latest funding round on record: Apr 2026.
Drift Protocol Funding Rounds
Drift Protocol raised $25.0M in a Series B announced in Sep 2024.
1.6 years later, an undisclosed round of $100M was announced in Apr 2026.
Drift Protocol Founders and Leadership Team
Contact details for the Drift Protocol team: 1 of 2 have an email address on file.
Start 14-day free trial →Drift Protocol Funding Compared to Other Blockchain and Cryptocurrency Startups
Drift Protocol's latest round of $100M is above the median round in Blockchain and Cryptocurrency. Medians cover the last 24 months of disclosed rounds.
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Drift Protocol Funding FAQs
What does Drift Protocol do?
Drift Protocol introduces on-chain perpetual futures that are cross-margined on Solana, making futures DEXs the most effective way to engage in trading.
How much funding has Drift Protocol raised?
Drift Protocol has raised $125M across 2 rounds on record. The most recent is an undisclosed round of $100M announced in Apr 2026.
When did Drift Protocol last raise funding?
Drift Protocol's most recent funding round on record is an undisclosed round of $100M, announced in Apr 2026.
Who founded Drift Protocol?
FundedIQ lists Cindy Leow (Founder), David Cancel (Founder) at Drift Protocol.
Where is Drift Protocol headquartered?
Drift Protocol is based in Sydney, New South Wales, Australia.
How many employees does Drift Protocol have?
Drift Protocol is in the 11-50 employee band.
How does Drift Protocol's funding compare to other Blockchain and Cryptocurrency startups?
Drift Protocol's latest round of $100M is above the $6.5M median round size for Blockchain and Cryptocurrency companies on FundedIQ across 659 tracked companies over the last two years.
About FundedIQ's Drift Protocol Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Drift Protocol is left off this page rather than filled in.
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